Digirupe

The scheme will utilise IFSCA-regulated, IIDI-insured vaults in Gift City | Photo Credit: REUTERS Artha Bharat Investment Managers IFSC LLP has launched what it claims is Gift City’s first physical commodity fund and the first gold fund authorised by the International Financial Services Centres Authority (IFSCA), introducing a new structure that allows investors to redeem…

Yellow gold bars and coins isolated on black background. | Photo Credit: Dmitrii Stoliarevich Central banks bought a net 41 tonnes of gold in May, with Poland, China, Uzbekistan and Kazakhstan making significant purchases in the month. “Central banks were back in buying mode in May – and with a little more spring in their…

Gold prices on Friday rose by ₹1,952 to ₹1,47,710 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded higher by ₹1,952, or 1.34 per cent, at ₹1,47,710 per 10 grams in a business turnover of 1,325…

The scheme will utilise IFSCA-regulated, IIDI-insured vaults in GIFT City | Photo Credit: REUTERS Artha Bharat Investment Managers IFSC LLP has launched what it claims is GIFT City’s first physical commodity fund and the first gold fund authorised by the International Financial Services Centres Authority (IFSCA), introducing a new structure that allows investors to redeem…

Silver prices rose 1.76 per cent to ₹2.37 lakh per kg in futures trade on Friday amid a firm global trend. On the Multi Commodity Exchange, the white metal for July delivery increased by ₹4,096, or 1.76 per cent, to ₹2,37,400 per kilogram in a business turnover of 1,593 lots. Fresh positions built up by…

Gold prices up in India | Photo Credit: K K Mustafah Gold prices in India rose today across all cities. The price for 8 grams of 24-carat gold also increased in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in India…

See also: | Photo Credit: scanrail July 3 Gold rose more ​than 1% on Friday and was set for ⁠its first weekly gain in five, as investors dialled back expectations for US rate hikes following softer-than-expected jobs data. Spot gold was up 1.3% ‌at $4,177.31 per ounce, as of 0416 GMT, hitting its highest level…

Gold prices rebounded by ₹3,000 to ₹1.47 lakh per 10 grams in the national capital on Thursday as firm trends in the international markets and a weak US dollar revived demand for the precious metal. Halting a two-day slide, the yellow metal of 99.9 per cent purity climbed ₹3,000 to ₹1,47,500 per 10 grams (inclusive…

Spot gold rose 0.7% to $4,057.92 per ounce. Gold prices rose on Thursday, supported by ​softer than expected jobs data and lower oil ⁠prices, while the market’s focus turned to today’s US payrolls report for fresh cues on the Federal Reserve’s trajectory. Spot gold rose 0.7 per cent to $4,057.92 per ounce, ‌as of 0251…

Globally, gold futures rose by 1.03% to $4,072.25 per ounce in New York. Gold prices on Thursday dropped by ₹166 to ₹1,44,264 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by ₹166, or 0.11 per cent, at ₹1,44,264…